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01.17.17Ultra Petroleum Announces Settlement Of Claim With Rockies Express Pipeline
HOUSTON, Jan. 17, 2017 /PRNewswire/ -- Ultra Petroleum Corp. ("Ultra") (OTC: UPLMQ) announces that it has reached an agreement to settle Rockies Express Pipeline LLC's ("REX") $303.0 million breach of contract claim. The settlement will be submitted to the U.S. Bankruptcy Court for approval and will be implemented in connection with Ultra's chapter 11 plan of reorganization. The settlement includes a cash payment of $150.0 million to REX six months after Ultr... 
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